Redeemable (adjective)

1. Able to be recovered, regained, or compensated for.
2. Able to be exchanged for something of value, such as money or a prize.
3. Capable of being saved or rescued from a difficult situation.
4. Able to be corrected or improved.

Origin:

The word 'redeemable' originated from the late middle english word 'redemable', which comes from the old french word 'redimer' meaning 'to buy back'.

Examples:

1. The company offered redeemable vouchers as a reward for customer loyalty.
2. The prisoner was given a chance to redeem his sentence by participating in a rehabilitation program.
3. The team's performance was redeemable after the coach made several strategic changes.
4. The investments were redeemable after a certain period of time.
5. The customer redeemed his discount coupon at the store.